If the legal industry today is the Matrix, which character would you be?
Oh, we are Morpheus. Definitely.
I spent 30 minutes with Morpheus Phil Weiss, founder of a group of over a thousand lawyers, policymakers, and technologists that meet up in bars, cafes, and creative workspaces from Brooklyn to San Francisco to Stockholm. They call their group Legal Hackers, and its mission is to hack the law.
What? Hack the law? Like, in public? In broad daylight? Is that legal?
“We call it extra-legal mechanisms. Not illegal. Extra-legal.” Weiss, a good-natured young lawyer (Brooklyn Law ’12, associate at Friedman Law Group), had the savvy of a well-read academic but the easygoing manner of a millennial.
So, extra-legal, huh? But “hacking the law” was still a bizarre concept for me. “Look,” Weiss patiently explained as my brain struggled to grasp the vision, “we just bring technologists and lawyers together to explore and create solutions at the intersection of law and technology.”
I started to understand. We’re not just talking about alternative career paths for lawyers; we’re talking about paradigm-shifting innovation to re-terraform the stodgy, old-school legal industry. We’re talking about a movement, a framework.
Since the launch of alt.legal, Ed and I have received a lot of very interesting emails and feedback. It is apparent that many of you read ATL literally allday love working in Biglaw, but most many have considered taking a walk onto the alternative side (sounds far more erotic than it is).
What we hope to prove to you through this ongoing column is that legal entrepreneurship is exciting, prestigious, lucrative, and, most importantly — to the many resilient lawyers out there who have remained idealistic in the face of back-to-back all-nighters — your best chance to change the legal system for the better. Moreover, despite what you think, innovation in the law is NOT just in e-discovery. Turns out, there are problems worth solving associated with almost every practice, and with each, there are entrepreneurs and innovators ready to change the game. (My co-author, Ed Sohn, is planning to write more on this underground world next time.)
Today, we profile one such entrepreneur, Adam Nguyen, who saw inefficiencies in the always-exciting process of contract review for due diligence (hey litigators, it turns out M&A lawyers have to do document review too), and leveraged $150,000 worth of Harvard Law-branded problem solving to create an innovative technology solution called eBrevia.
Ed. note: Please welcome our newest columnists, Ed Sohn and Joe Borstein of Pangea3, who will be writing about the alternative legal services market and the future of the legal profession.
Stop what you’re doing! Take a journey with us to the alternative side of the legal profession for the next few minutes (and through our ongoing column). There is a revolution happening in the practice of law. And you should join it. Or, at the very least, break out the fanny packs and the binoculars and watch. For now, stop your SmartTimer and get off the clock… because as it turns out, reading this is NOT billable. Maybe try your favorite non-billable code, like “professional development.”
Here’s the newsflash: entrepreneurs and innovators are changing the legal profession for the better, having fun, and making real money in the process. The unstoppable forces of modern business — technology, globalization, the need for sleep/food/conjugal visits — are at the gates and climbing the highly defensible ivory tower….
The information age we live in can be a blessing and a curse. Few fields demonstrate this truth more persuasively than the realm of electronic discovery.
During a panel here at the Legal Technology Leadership Summit on the theft and exfiltration of intellectual property, the panelists discussed the exponential growth in information densities, the increasing importance of IP, and the challenge that evolving technology presents to the governing legal frameworks. As one panelist noted: “Technology leaps, the law creeps.”
What does rapidly changing technology mean for the e-discovery world? And what are some considerations that in-house lawyers should keep in mind when responding to e-discovery requests?
Okay, I’m using the term “lifts” very loosely. We all know that outsourcing is taking work that used to be done by very expensive associates based in America and giving to inexpensive workers based in India. The law firm saves money, the client saves money, and the only people who are harmed are recent graduates of U.S. law schools.
But could outsourcing companies be poised to give something back to American law school graduates? Outsourcing companies aren’t ever going to replace the many lost Biglaw jobs that are never coming back, but they could be giving rise to some new opportunities.
I know lots of guys fantasize about boinking “barely legal” teenage girls. Not me, I like women: fully formed, adult women. There’s just something unseemly about older men salivating over girls who could have been in high school a year ago. Call me crazy, but it’s just more interesting as an adult to be intimate with other adults.
Similarly, I like my lawyers to actually practice law. There’s something unseemly about watching market forces turn law school graduates into glorified paralegals and secretaries. Call me a prude, but there’s just something gross about seeing young, nubile attorneys going around begging for document review positions. These people spent three years of their lives and six figures of their (or someone else’s) money to get law degrees; they should have something to show for their efforts.
But even if I don’t like to look, I can’t deny that this is happening. We are all living in a time that will be studied by future generations: a time when attorney career paths bifurcated, between traditional partnership-track associates and what I’ll call “barely legal” career paths….
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: firstname.lastname@example.org.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at email@example.com or firstname.lastname@example.org. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
The Tools of Argument: How the Best Lawyers Think, Argue, and Win is a highly readable 200-page book, available for about $10 in paperback or e-book. Chapters focus on foundational principles in legal argument: procedure, interpretation of contracts and statutes, use of evidence, and more. The material covered is taught only implicitly in law school. Yet, when up-and-coming attorneys master these straightforward tools, they will think and argue like the best lawyers.
For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
Take this opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
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Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing!